Fidelity Services Group Sustainability Profile
Fidelity Services Group, often referred to as Fidelity, is a leading provider of integrated cash management and security solutions, headquartered in South Africa (ZA). Established in 1996, the company has grown significantly, expanding its operations across various regions in Southern Africa. Fidelity's core offerings include cash-in-transit services, cash management solutions, and security services, all designed to enhance operational efficiency and safety for businesses. What sets Fidelity apart is its commitment to innovation and customer-centric solutions, ensuring that clients receive tailored services that meet their unique needs. With a strong market position, Fidelity Services Group has achieved notable milestones, including numerous industry awards for excellence in service delivery. The company continues to be a trusted partner for businesses seeking reliable and secure cash management solutions in an ever-evolving landscape.
DitchCarbon Score
How does Fidelity Services Group's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Public Administration industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Fidelity Services Group's score of 24 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fidelity Services Group's reported carbon emissions
In 2023, Fidelity Services Group reported total carbon emissions of approximately 104,131,400 kg CO2e. This figure includes 71,025,710 kg CO2e from Scope 1 emissions, primarily from mobile combustion (about 69,300,440 kg CO2e) and stationary combustion (approximately 971,140 kg CO2e). Scope 2 emissions accounted for about 32,403,860 kg CO2e, while Scope 3 emissions were approximately 701,830 kg CO2e, with business travel contributing about 678,670 kg CO2e. Comparatively, in 2022, the total emissions were about 99,312,950 kg CO2e, with Scope 1 emissions at approximately 79,816,970 kg CO2e, Scope 2 at about 21,593,610 kg CO2e, and Scope 3 at around 427,470 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023. Fidelity Services Group has not disclosed any specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent company. The organisation's commitment to addressing climate change remains unspecified, and it has not set any Science-Based Targets Initiative (SBTi) reduction targets. Overall, while Fidelity Services Group has made strides in reporting its emissions, further commitments and reduction strategies would enhance its climate action profile.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 53,144,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 16,080,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 988,000 | 000,000 | 000,000 |
How Carbon Intensive is Fidelity Services Group's Industry?
How Carbon Intensive is Fidelity Services Group's Location?
Fidelity Services Group's Scope 3 Categories Breakdown
Fidelity Services Group's Scope 3 emissions, which increased by 64% last year and decreased by approximately 29% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 1% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 97% of Scope 3 emissions.
Top Scope 3 Categories
Fidelity Services Group's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Fidelity Services Group has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
